So I totally understand how to add value to a rundown property by doing the work myself -- it's good old-fashioned sweat equity (more properly termed "trading time for money.")What I don't understand is how it works t...
I found an apartment complex that is been foreclosed on. The last owner paid $3M for it a few years back.
- 100 units that is 60% occupied
The current rent is $520/units. The asking price is $1.3M but because am goin...
Hi,I have read a lot of the posts and I will throw out my scenario and share with you were I am getting into analysis paralysis and see if someone provides some thoughts, ideas, feedback that might help me break the c...
Hi, this is my first post here, thank you for any help you can give me, in advance! We have a duplex that we rent out. There is a single bedroom unit on the first floor, and a three bedroom unit taking over the top t...
Several weeks ago I posted on BP asking for advice from actual property owners in the Cleveland area (Euclid, specifically) about their experiences with local property managers. I never received a single response from...
Hi everyone,
I’ve been a landlord for a while now, but this is the first time I’ve found myself in a tough situation like this, and I’d appreciate some advice.
I have tenants who have been with me for 2 1/2 years. T...
I'm 33 and looking to relocate. I was an interior designer (cabinet sales basically) in Denver, Colorado before the corona. Now I'm provided with a new opportunity. Im not going back to my old job and I can basically ...
Long, frustrating story, the specifics of which I don't feel comfortable posting online, but we have a family renting our property (nice neighborhood, $800k home). They've been there for about 2 1/2 years. We told the...
Ok, so I have a house I owned before we got married which was inherited from my grandparents, the house I grew up in. I still have my Homestead on it. We were married last year & he didn't want to stay there. I ha...